Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: dbblg who wrote (78257)	9/23/1999 6:35:00 PM
From: dbblg	Respond to of 164684

Summers Found them. It was the pre-G-7 press conference, and accompanying statement. biz.yahoo.com Nice of Steve Ballmer to give the media a more colorful reason for the selloff...

To: dbblg who wrote (78257)	9/23/1999 7:09:00 PM
From: GST	Respond to of 164684

Ganesh -- I have not heard anything about Sumners today. I think there are many with plans to exit soon -- but not yet. Today may start a stampede that will last through October and do serious, perhaps irreperable damage to the "leaders". You know, net stocks are really options on highly speculative future outcomes. They should probably not be traded as stocks but as LEAPS. At least then people would know there is a real chance their LEAPS will be worthless when they expire. If AMZN cannot make a profit in the next one or two years its value will be zero -- for example.